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Press release from Business Wire

Weyerhaeuser Company Foundation Announces Grants to Puget Sound Area Programs

Thursday, February 10, 2011

Weyerhaeuser Company Foundation Announces Grants to Puget Sound Area Programs15:23 EST Thursday, February 10, 2011 FEDERAL WAY, Wash. (Business Wire) -- The Weyerhaeuser Company Foundation today announced $100,000 in grants to four Puget Sound area programs providing affordable housing and shelter to families in King and Pierce counties. Those receiving awards included: Habitat for Humanity of East King County - $30,000to support Phase I of the new La Fortuna development in Renton that provides urban living with an economical use of space, and will provide permanent home ownership for 11 families. WS Housing Finance Commission - $25,000to support the House Key Plus Down Payment Assistance program to help working families unable to save the entire down payment on their first home. Building Changes - $20,000 to support the Washington Families FundPierce County Employment Navigator Model. The program helps connect homeless families with employment services to prevent repeat episodes of homelessness. CH Development Association - $25,000 to support a resident services coordinator to work with Central Seattle residents who are struggling and at risk of homelessness but don't qualify for traditional case management. The program helps these households remain in secure housing and keep residents self-sufficient and stable. The grants are in response to a Request for Proposal seeking applications from programs aimed at providing affordable housing for working families; enabling homeless families to achieve permanent, stable housing; or effectively keeping families in their homes and prevent them from becoming homeless. “The Foundation recognizes there are several paths that address the issue of housing stability and homelessness,” said Karen Veitenhans, Foundation vice president. “These grants will provide home construction and ownership for multiple families, down payment assistance for first time homebuyers, and fund unique supportive housing efforts that will keep families in their homes and prevent repeat homelessness.” The Foundation also announced an additional $250,000 in grants to support longstanding partnerships with United Way in King and Pierce County, and ArtsFund. All grants were from the Foundation's 2010 budget. ABOUT WEYERHAEUSER COMPANY FOUNDATION The mission of the Weyerhaeuser Company Foundation, established in 1948, is to nourish the quality of life in Weyerhaeuser's communities, and foster understanding that sustainable forests meet important human needs. For more than 60 years, the Foundation has directed nearly $210 million to the communities where Weyerhaeuser employees work, live and play. To learn more about the Weyerhaeuser Company Foundation, visit ABOUT WEYERHAEUSER Weyerhaeuser Company, one of the world's largest forest products companies, began operations in 1900. We grow and harvest trees, build homes and make a range of forest products essential to everyday lives. We manage 22 million acres of timberland worldwide on a sustainable basis in compliance with internationally recognized forestry standards. At the end of 2010, we employed approximately 14,000 employees in 10 countries. We have customers worldwide and generated $6.6 billion in sales in 2010. Our stock trades on the New York Stock exchange under the symbol WY. Additional information about us is available at Weyerhaeuser CompanyKaren Veitenhans, 253-924-3660